Exercise 8-8 Flexible Budget [LO8-1]

Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: For example, electricity costs are $1, 400 per month plus $0.05 per car washed. The company actually washed 8, 100 cars in August and expects to collect an average of $5.90 per car washed. Complete the company's flexible budget for August